Common use of PERFORMANCE BASED PREFERENCE Clause in Contracts

PERFORMANCE BASED PREFERENCE. Pursuant to FAR 37.102(a)(2), the OCO should use performance-based acquisition methods to the maximum extent practicable using the following order of precedence: (1) A Firm-Fixed Price Performance-Based Order; (2) A Performance-Based Order that is not Firm-Fixed Price; (3) An Order that is not Performance-Based.

PERFORMANCE BASED PREFERENCE. Pursuant to FAR 37.102(a)(2), the OCO should use performance-based acquisition methods to the maximum extent practicable using the following order of precedence: : (1) A Firm-Fixed Price Performance-Based Order; (2) A Performance-Based Order that is not Firm-Fixed Price; (3) An Order that is not Performance-Based.